WATCH: Reserve Bank surprises markets with 50bps rate hike

Business Day TV speaks to senior economist at BNP Paribas, Jeff Schultz

Reserve Bank governor Lesetja Kganyago. Picture: FREDDY MAVUNDA
Reserve Bank governor Lesetja Kganyago. Picture: FREDDY MAVUNDA

The SA Reserve Bank raised the repo rate by 50 basis points (bps) to 7.75% on Thursday in a surprise move that overshot expectations of a 25bps increase. Business Day TV unpacked the move with senior economist at BNP Paribas, Jeff Schultz.

Or listen to full audio

Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Comment icon